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Price Change$469,000

229 Broadway Avenue

772 - Broadway, Welland

$419,000

Detached|1 1/2 Storey
2 | 1 | 4
About this home

Exceptional opportunity awaits! Situated on an oversized lot with incredible potential. This 2 bedroom, 1 bath, with a large kitchen, and full unfinished basement property, offers a rare combination of space, versatility, and location. Featuring a double paved driveway with parking for four vehicles, convenient access to the yard from the driveway, and an additional rear laneway that is part of the property providing even more flexibility and possibilities for the outdoor space. Create your ideal backyard retreat with room for gardens, entertaining, recreation or simply enjoying the extra space. Perfectly located within walking distance to an elementary school, the scenic Welland Canal Park Trail, and the rowing complex, this property offers the perfect balance of community convenience, and an active lifestyle. With a generous lot, multiple access points, and endless potential to make it your own. This is an opportunity you won't want to miss.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$2,586
Lot Size50 ft x 128 ft
mls© NumberX13582430
Listed ByCOLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,145
Property tax
$216
Heat allowance
$150
Housing costs
$2,510 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $83,800
25-yr amortization

Income needed

$77,000

gross annual household income

Payment at 4%
$1,763 / mo
Cash down
$83,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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